U.S. Trade Balance Report

Last print: June 2025

1 Overall Trade Balance*

1.1 Trade Balance with Exports and Imports

1.1.1 Table

US Balance of Trade in Goods and Services ($bn, SA)
Metric Jun 2024 Feb 2025 Mar 2025 Apr 2025 May 2025 Jun 2025
Balance -73.892 -122.011 -138.316 -60.257 -71.664 -60.177
    Goods -99.563 -147.244 -162.572 -86.304 -97.303 -85.879
    Services 25.671 25.233 24.255 26.048 25.639 25.702
Exports 268.356 278.685 281.074 290.572 278.646 277.298
Imports 342.248 400.696 419.391 350.829 350.310 337.475
Source: BOCOM BBM, U.S. Census Bureau

1.1.2 Monthly Trade Balance

1.1.3 12-Month Rolling Sum

1.1.4 YoY Change

1.1.5 3MMA

1.1.6 3MMA SAAR

1.1.7 Monthly Goods Trade Balance

1.1.8 Monthly Goods Trade Balance (12 mo acc.)

1.2 Real Goods Analysis (in 2017 USD)

1.2.1 Exports by Enduse Code**

Real Export Change by Enduse Code (SA)
(June 2025)

Category $bn % MoM % YoY
Total exports 145.8 -1.5 0.6
Foods, feeds, & beverages 10.2 3.7 -1.4
Industrial supplies 45.1 -9.1 -3.5
Capital goods 52.2 3.5 7.9
Automotive vehicles 10.9 1.4 -18.1
Consumer goods 20.6 4.0 1.4
Other goods 7.1 -3.5 19.0
Source: BOCOM BBM, U.S. Census Bureau

1.2.2 Imports by Enduse Code**

Real Import Change by Enduse Code (SA)
(June 2025)

Category $bn % MoM % YoY
Total imports 230.4 -4.5 -3.1
Foods, feeds, & beverages 14.0 -1.6 -2.0
Industrial supplies 34.7 -4.8 -10.0
Capital goods 86.2 0.8 13.2
Automotive vehicles 32.0 -3.5 -12.6
Consumer goods 55.7 -13.0 -12.9
Other goods 10.5 -5.0 6.1
Source: BOCOM BBM, U.S. Census Bureau

1.2.3 Monthly Real Goods Trade Balance

1.2.4 Real Goods Trade Balance (12 mo acc.)

2 Trade in Goods: Country Analysis

2.1 Monthly Values

2.1.1 Monthly Imports

2.1.2 Monthly Exports

2.1.3 Imports (12 mo acc.)

2.1.4 Exports (12 mo acc.)

2.1.5 Monthly Trade Volume

2.1.6 Trade Volume (12 mo acc.)

2.1.7 Index for imports

2.1.8 Index for Exports

2.2 Market Share Analysis

2.2.1 Import Shares (12 mo acc.)

2.2.2 Export Shares (12 mo acc.)

2.2.3 Trade Volume Shares (12 mo. acc.)

2.3 Rates of Change

2.3.1 MoM Change in Imports by Country

U.S. Import of Goods by Country (MoM % Change, SA)
Countries Jun-24 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Share of total
All other countries 15.4 5.9 5.6 -9.8 -2.2 3.2 17.4
European Union 18.2 7.3 33.2 -35.6 6.9 -19.2 17.2
Mexico 15.6 2.7 2.0 -10.3 8.0 -1.2 16.8
Canada 12.5 -4.4 -7.8 -17.2 0.5 -2.2 10.8
China 13.2 -4.0 -8.1 -18.9 -26.3 -6.9 7.4
South/Central America 4.9 1.3 8.0 -2.4 1.2 -8.2 5.2
Japan 4.6 -12.2 8.4 -0.3 -1.9 -2.3 4.7
Germany 5.1 -1.2 3.1 -13.6 4.2 -13.6 4.4
Korea, South 4.1 -4.2 13.7 -21.5 14.9 2.5 4.2
India 2.7 18.7 18.6 -15.0 -7.4 3.4 3.4
United Kingdom 2.1 -8.0 11.1 -31.6 3.3 6.2 1.9
France 1.8 0.6 48.5 -22.2 -12.8 -9.7 1.8
CAFTA-DR 1.2 3.6 14.4 -4.2 -5.6 7.1 1.3
Brazil 1.2 14.3 1.3 -17.1 23.8 -20.4 1.3
Israel 0.7 5.9 16.8 -11.9 -39.4 4.4 0.5
Saudi Arabia 0.3 -7.6 -29.2 -15.5 18.6 16.0 0.3
Source: BOCOM BBM, U.S. Census Bureau
*CAFTA-DR = Central America-Dominican Republic Free Trade Agreement

2.3.2 MoM Change in Exports by Country

U.S. Export of Goods by Country (MoM % Change, SA)
Countries Jun-24 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Share of total
European Union 17.8 -6.6 11.9 2.8 -2.8 6.8 20.1
All other countries 17.7 -4.2 1.9 0.4 -1.5 2.6 19.5
Mexico 16.5 2.1 0.7 -4.5 -1.0 1.0 15.6
Canada 16.7 2.8 -2.4 -10.5 0.0 0.9 15.3
South/Central America 9.8 2.7 -2.8 -0.3 1.3 -1.1 10.1
China 7.0 8.2 -3.7 -19.7 -19.9 45.4 5.6
Germany 3.7 -2.9 18.0 -2.1 -10.9 14.8 4.2
United Kingdom 3.9 56.6 -12.0 9.1 -13.1 -6.2 4.1
Japan 4.2 6.5 1.8 2.9 -2.9 -3.4 3.8
Korea, South 3.3 2.5 -8.1 13.5 -11.7 3.0 3.1
Brazil 2.3 6.3 1.9 -2.8 7.5 -2.7 2.6
France 2.0 -12.7 10.8 -1.2 16.1 -15.2 2.3
CAFTA-DR 2.2 0.2 3.4 -4.0 -0.5 -0.3 2.2
India 2.2 8.7 -14.0 21.0 -13.6 5.2 2.1
Saudi Arabia 0.6 24.2 -17.2 55.1 -22.3 -5.4 0.7
Israel 0.7 -0.8 16.1 -16.5 17.8 -11.4 0.7
Source: BOCOM BBM, U.S. Census Bureau
*CAFTA-DR = Central America-Dominican Republic Free Trade Agreement

2.3.3 YoY Change in Imports by Country

U.S. Import of Goods by Country (YoY % Change, SA)
Countries Jun-24 Feb-25 Mar-25 Apr-25 May-25 Jun-25 12mo acc. Share
European Union 18.2 27.0 64.4 -0.6 14.8 -8.2 19.0
All other countries 15.4 21.4 25.3 12.2 11.0 9.7 15.5
Mexico 15.6 7.8 11.6 0.7 7.0 4.1 15.0
Canada 12.5 9.2 4.1 -14.1 -13.9 -16.1 11.7
China 13.2 8.1 -3.2 -19.2 -41.5 -45.6 11.7
South/Central America 4.9 10.2 18.3 17.8 11.4 2.2 4.8
Germany 5.1 7.0 8.9 -7.6 -2.5 -16.7 4.6
Japan 4.6 -2.0 10.1 6.2 -0.4 -0.4 4.3
Korea, South 4.1 -2.9 2.9 -15.0 -6.4 -1.4 3.7
India 2.7 25.8 48.6 26.5 18.3 22.2 2.8
United Kingdom 2.1 8.4 19.0 -14.1 -12.5 -11.3 2.0
France 1.8 3.8 52.9 24.9 6.5 -1.3 1.8
Brazil 1.2 10.9 21.6 -1.4 18.1 2.1 1.3
CAFTA-DR 1.2 6.0 20.9 15.8 8.2 11.0 1.1
Israel 0.7 10.8 18.3 11.1 -33.3 -35.6 0.6
Saudi Arabia 0.3 -11.5 -40.5 -52.8 -40.8 -2.9 0.3
Source: BOCOM BBM, U.S. Census Bureau
*CAFTA-DR = Central America-Dominican Republic Free Trade Agreement

2.3.4 YoY Change in Exports by Country

U.S. - Export of Goods by Country (YoY % Change, SA)
Countries Jun-24 Feb-25 Mar-25 Apr-25 May-25 Jun-25 12mo acc. Share
All other countries 17.7 4.2 8.3 5.5 10.7 13.7 19.0
European Union 17.8 -3.2 14.2 13.1 15.2 16.6 18.3
Canada 16.7 3.0 1.7 -7.8 -7.0 -5.7 16.3
Mexico 16.5 3.7 4.7 -1.3 -0.4 -2.0 15.9
South/Central America 9.8 4.6 7.3 6.2 7.8 6.2 10.0
China 7.0 -13.5 -9.2 -29.2 -41.7 -16.6 6.0
United Kingdom 3.9 46.8 32.1 36.9 40.5 10.6 4.2
Japan 4.2 10.8 9.6 11.0 6.0 -7.5 3.8
Germany 3.7 -0.1 23.7 15.6 3.9 16.0 3.7
Korea, South 3.3 5.7 -9.2 17.8 -7.7 -3.6 3.1
Brazil 2.3 8.1 17.9 10.8 19.1 16.1 2.5
France 2.0 -6.6 18.9 20.2 38.4 16.4 2.2
CAFTA-DR 2.2 -3.3 6.3 1.2 3.5 0.0 2.2
India 2.2 23.8 -5.4 15.3 -1.6 -2.6 2.0
Israel 0.7 -14.9 1.8 -11.2 12.5 2.3 0.7
Saudi Arabia 0.6 2.7 -5.8 25.7 -0.2 18.6 0.6
Source: BOCOM BBM, U.S. Census Bureau
*CAFTA-DR = Central America-Dominican Republic Free Trade Agreement

3 Appendix

3.1 *Note 1

Section 1 is the only section where the goods data is on a Balance of Payments (BOP) basis, unless otherwise specified. The services data from this section and the overall data from all other sections is released on a Census basis. The reason for this difference is that the BEA adjusts goods on a Census basis to a BOP basis to align them with the concepts and definitions used for the U.S. international and national economic accounts. While it may seem unconventional to release goods data and services on different bases, trade balance data is released in this form by BBG as well as by the U.S. Census.

3.2 **Note 2

The data displayed on Section 2 contains a gap between 2010 and 2012. This is a quirk of the excel spreadsheet released by the U.S. Census Bureau.